Spencer Ventures Daily Newsletter - September 1st, 2nd, & 3rd

Daily Market Movers

News & Current Events

• Bitcoin Falls Under $56K As ETFs See Massive Outflows

  Bitcoin ETFs had heavy outflows on Tuesday led by $160M from Fidelity

• Trump To Launch De-Fi Lending Platform On Ethereum & AAVE

  World Liberty Financial gets introduced as Trump’s upcoming crypto project

• Stock Market Suffers As More Than $1 Trillion In Value Gets Wiped

  Stocks get hit hard on the day led by $NVDA being down close to 10%

• Galois Capital Gets Charged By The SEC For Custody Failures

  The SEC has charged Galois Capital due to previously holding assets on FTX

• Nvidia Gets Subpoenaed By The US Department Of Justice

  $NVDA sees further declines after company receives subpoena from the DOJ

• FBI Sends Warning On North Korea Targeting Crypto Users

  The FBI says crypto users may be a potential target for North Korean hacks

• Sugartown Gets Acquired By D20 Labs As Zynga Exits Web3 

  D20 Labs acquires Sugartown & all their assets from gaming company, Zynga

• Luca Netz Releases Article On Abstract & Consumer Crypto

  Pudgy CEO shares thoughts on what “Consumer Crypto” really means

• Qatar Announces Regulatory Framework On Digital Assets

  Crypto regulations come to Qatar as digital assets see international progression

• Jenkins The Vallet No Longer Pursuing NFT Utility

  Tally Labs NFTs are at the end of the runway as company begins to wind down

• Ethereum Daily Revenue Hits Yearly Lows

  Action on ETH is at it’s lowest for 2024 as daily revenue continues to drop

• 1/1 Fuzzy DeGod Gets Bought By Superbasedd Team For 200 SOL

  Project on Solana acquires 1/1 Fuzzy DeGod (formerly y00t) for over $25,000

• Pump Fun Competitor Launches On Ethereum

  Memecoin launchpads have come to ETH as Ethervista gains recent attention

Mints, Claims, Action Items, & More

• The Arena Releases Tokenomics On $ARENA

  $ARENA tokenomics are out with 15% of airdrop available at TGE

• Prediction Market On Blast Prepares For Official Launch 

  Predict.fun is almost here with native yield, Blast gold, & sponsored gas fees

• Public NFT Mint From Crypto Kitties Founders Hits 40x 

  Less than 3,200 NFTs get minted and go from 0.007 ETH to 0.40 ETH

• Doodles Set To Publicly Release “Can’t Hold Me Down’ This Friday

  Doodles latest song from Lil Wayne, Lil Yatchy, & Kyle Richh drops 9/6

• Blast Announces Mobile Big Bang Bootcamp

  Blast is giving $250K in funding and 1 million Gold to builders of mobile apps

• 1/1 Doodles Gets Listed For Auction Ending September 8th

  The Calico Cat Doodle is now listed with the current bid sitting at 6.07 ETH